Why I left Engineering/IT

I didn't leave because it was hard.
I left because it was no longer worth it.

Saturday, March 01, 2008

My Investment Portfolio (Feb 2008)

Not much changes in my portfolio for this month. I have accepted the delisting offer from Vantage and also CapitaLand's offer for Ascott Group after they managed to acquire more than 90% of the shares. Frontline has also been slated for delisting after shareholders approved the court order to delist the company.

Companies have finally concluded their round of result reporting for those having financial year ending December 2007. I will be waiting for their annual reports patiently to do my analysis.

Looking ahead, the market is still expected to be volatile. Therefore, I will still continue to adopt the strategy to buy on dips.

My S'pore Stock Portfolio - Top Holdings, cash investment only (correct as at 29 February 2008)

I am still holding unit trusts in my portfolio, as you can see from the links to my Fundsupermart portfolio display. They are invested only using CPF funds, due to CPF Board regulation with respect to only 35% of CPF-OA and 0% of CPF-SA can be invested in stocks.

So, yes, there is a place for unit trusts in my portfolio.

As to whether my stock portfolio outpeformed UTs, I don't have the official data to back up my claim since I don't compute my portfolio returns. But based on what I observed on those CDP statements sent to me every month, I can see that it had been growing at quite a reasonable value throughout the years. Dividends had also been re-invested back to the portfolio.

In conclusion, I am happy with my portfolio. Also, the journey is not only about returns, but the process as well. What I have learnt throughout the journey is more "profitable" than the actual return numbers. And I can use this experience to continue my investment journey, with more confidence and experienced as time goes by. And hopefully, that will translate into better returns for my portfolio as well.

About Me

A self-directed investor, looking to invest for retirement needs and bypass all those expensive financial planners/insurance agents. Investing is fun, profitable or most important of all, knowledge gained is useful for the rest of your life!